Light of Valinor is a borderline brokenly powerful card, and not just for it's interaction with the equally powerful Spirit Glorfindel. Elrond and Cirdan are both good targets, so they can lend their willpower to the quest and use their rings. You could put it on Arwen in a recursion deck to activate Tale of Tinuviel. Rossiel, Argalad, and Spirit Legolas are all good targets as well. Light of Valinor is quite flexible and is honestly one of the best action advantage cards in the game.

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